Home Sellers Slashing Prices At Fastest Rate In Nearly Two Years: What's Going On? from otg rate Watch Video
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⏲ Duration: 0:57 👁 View: 12M times ✓ Published: 31-May-2024
Description: A look at weekly and monthly data could show that homes for sale are seeing price cuts and fewer people are buying new homes, as consumers continue to grapple with high mortgage rates. Median sale prices hit records in the month of May 2024. Data points to the highest number of price cuts in nearly two years, which could suggest struggles ahead.